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Screen ORPmt - Oregon Payments, Extension, Pen and Interest (1065)

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Extension

Calculate extension
If you leave this box blank and run the extension utility, UltraTax CS automatically selects the extension form to be used. If the federal return is extended and there's no balance due on the state return, Form OR-65-V won't print because Oregon accepts the federal Form 7004. If the federal return is extended and there's a balance due on the state return, Form OR-65-V will print. If the federal return isn't extended, Form OR-65-V will print.
Enter
1
 to use federal Form 7004 and not print Form OR-65-V. Enter
2
 to print Form OR-65-V. To print the extension, select File, then Print Extensions.
Extended due date
If you've printed an extension by selecting File, then Print Extensions, the extended due date automatically appears in this box. When this box is completed and
Date return filed
is blank, UltraTax CS uses the date in this box to calculate penalties. The extended due date also is reflected in the filing instructions.

Penalties and Interest

Date return filed
If the date entered here is later than the return due date, UltraTax CS automatically calculates the partnership penalty for failure to pay, failure to file, and the interest on the underpayment. If this box is blank, it defaults to the calculated due date of the return.
Suppress penalties on return: Late interest
Enter
X
 to suppress the late payment interest on the return. UltraTax CS prints the OR Late Filing Interest and Penalty Worksheet if this box is blank and late interest is due. The OR Late Filing Interest and Penalty Worksheet also prints if the
Failure to file
 or
Failure to pay
 boxes are blank and a failure to file or failure to pay penalty exists.
Suppress penalties on return: Failure to file
Enter
X
 to suppress the failure to file penalty on the return. UltraTax CS prints the OR Late Filing Interest and Penalty Worksheet if this box is blank and the failure to file penalty is due. The OR Late Filing Interest and Penalty Worksheet also prints if the
Late interest
 or
Failure to pay
 boxes are blank and the late payment interest or a failure to pay penalty exist.
Suppress penalties on return: Failure to pay
Enter
X
 to suppress the failure to pay penalty on the return. UltraTax CS prints the OR Late Filing Interest and Penalty Worksheet if this box is blank and the failure to pay penalty is due. The OR Late Filing Interest and Penalty Worksheet also prints if the
Late interest
 or
Failure to file
 boxes are blank and late payment interest or a failure to file penalty exists.
note
UltraTax CS prints the OR Late Filing Interest and Penalty Worksheet when penalties or interest exist. If the
Late interest
,
Failure to file
, and
Failure to pay
 checkboxes are all marked, the OR Late Filing Interest and Penalty Worksheet doesn't print.

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